$1,889,000Asking Price
Situated on a premium 50 x 125 ft lot with 7 parking spaces, this well-maintained income property offers exceptional upside potential, including the possibility of a future garden suite (buyer to verify). Ideally located near major highways and Toronto Pearson Airport, the property benefits from strong and consistent rental demand. Two units are currently operating as short-term rentals, providing flexible income opportunities (subject to municipal compliance). Extensive renovations have already been completed, including new laminate flooring, updated kitchens and bathrooms, new doors, new asphalt, two furnaces, two A/C units, two tankless water heaters, and a roof replaced in 2013 and windows are vinyl. Tenant-paid utilities help minimize operating expenses and maximize cash flow. The building features two separate laundry areas, including on-site coin-operated laundry for additional income potential. Ample parking ensures convenience for both tenants and visitors. Impeccably maintained and truly move-in ready, this property requires no further work. Whether you're an investor seeking a turnkey income property or an end-user looking to live in one unit while generating rental income from the others, this is a rare opportunity combining location, upgrades, strong cash flow, and long-term development potential. Tenants are willing to stay, with vacant possession also available upon closing.
Situated on a premium 50 x 125 ft lot with 7 parking spaces, this well-maintained income property offers exceptional upside potential, including the possibility of a future garden suite (buyer to verify). Ideally located near major highways and Toronto Pearson Airport, the property benefits from strong and consistent rental demand. Two units are currently operating as short-term rentals, providing flexible income opportunities (subject to municipal compliance). Extensive renovations have already been completed, including new laminate flooring, updated kitchens and bathrooms, new doors, new asphalt, two furnaces, two A/C units, two tankless water heaters, and a roof replaced in 2013 and windows are vinyl. Tenant-paid utilities help minimize operating expenses and maximize cash flow. The building features two separate laundry areas, including on-site coin-operated laundry for additional income potential. Ample parking ensures convenience for both tenants and visitors. Impeccably maintained and truly move-in ready, this property requires no further work. Whether you're an investor seeking a turnkey income property or an end-user looking to live in one unit while generating rental income from the others, this is a rare opportunity combining location, upgrades, strong cash flow, and long-term development potential. Tenants are willing to stay, with vacant possession also available upon closing.
See More| Room | Floor | Dimensions | Details | |
|---|---|---|---|---|
| 1 | Kitchen | Ground | 16.57' x 8.37' | Laminate, Open Concept, Window |
| 2 | Kitchen | Main | 8.20' x 13.45' | |
| 3 | Kitchen | Main | 8.20' x 13.45' | |
| 1 4-Piece Bathroom | ||||
| 1 3-Piece Bathroom | ||||
| 1 4-Piece Bathroom on Main Floor | ||||
| 1 4-Piece Bathroom on Main Floor | ||||
| 1 4-Piece Bathroom on Ground Floor | ||||
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Kingsview, Toronto is a west Toronto neighbourhood notable for its singles, renters, salespeople and tradespeople. It has a higher than average population of immigrants, particularly those from India and Somalia, and Somali speakers. Residents tend to be younger with a significant number of babies, kids aged 5 to 14 and youth aged 15 to 24.
Kids Per Family
1.6
kids per family
in the neighbourhood.
55%
of residents are
single and loving it.
55% singles
Toronto (50%)
50%
of residents
are renters.
50% renters
Toronto (47%)
29%
of residents are
university grads.
29% university grads
Toronto (48%)Average Household Income
$95K
is the average household
income in the neighbourhood.
Professions
| Sales | 16% |
| Trades | 10% |
| Business | 9% |
| Government | 5% |
| Management | 4% |
56%
of residents were
born outside of Canada.
56% immigrants
Toronto (48%)9.3% from Somalia
All-time
1.4% from Somalia
Recent
Foreign Languages
| Somali | 11% |
| Urdu | 5% |
| Italian | 4% |
| Spanish | 4% |
| Bengali | 2% |
Religions
| Christian | 50% |
| Muslim | 36% |
| Hindu | 4% |
| Sikh | 1% |
Social Housing Buildings
2
Social housing buildings
in the neighbourhood.
Shelters
0
Homeless shelters in
the neighbourhood.